This property might be a fair Long-Term investment with a projected 1.97% first-year return on $36,603 initial cash invested.
1.97%
Cash On Cash
7.51%
Cap Rate
1.15
DSCR
$1,602
Rent
$60
Cashflow
Cash Flow
$1,602 income − $1,542 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,603
Downpayment
20%
$34,860
Closing costs
1%
$1,743
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,602
Total Expenses
$1,542
Mortgage P&I
59%
$951
Property Taxes
8%
$127
Home Insurance
3%
$48
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0